Press release from PR Newswire
Envision Solar, General Motors to kick off national solar initiative at Fremont Cadillac Buick GMC
Friday, November 30, 2012
Envision Solar, General Motors to kick off national solar initiative at Fremont Cadillac Buick GMC08:25 EST Friday, November 30, 2012Dealership becomes first to deploy Solar Tree® array system; structure to reduce annual greenhouse gas emissions by equivalent of 2,500 gallons of gasFREMONT, Calif., Nov. 30, 2012 /PRNewswire/ -- Envision Solar International, Inc. (EVSI), a leading sustainable infrastructure product designer and developer, will kick off a nationwide initiative with General Motors (NYSE: GM) next month at the Fremont Cadillac Buick GMC location.The dealership will be the first to deploy the company's Solar Tree® array and generate approximately 33,000 kWh of clean renewable energy from a highly architecturally accretive platform."We'll be implementing design enhancements provided by the Cadillac team to make the system uniquely theirs and supportive of the renowned car maker's brand in a very positive and aesthetically-pleasing way," said Desmond Wheatley, President and CEO at Envision Solar. "The Solar Tree® array installation is expected to be completed by early next year, so Fremont Cadillac Buick GMC will start accessing the energy by the first quarter of 2013. They will be the first dealership in the program which is very exciting."The initiative will significantly lessen Fremont Cadillac Buick GMC's carbon footprint. The Solar Tree® array will create a reduction of the dealership's greenhouse gas emissions equivalent to more than 2,500 gallons of gas consumed or 52 barrels of oil per year. The carbon offset will be greater than that produced by five acres of pine forest or by diverting 8 tons of waste from a landfill. Fremont Cadillac Buick GMC's installation of the highly architected array will lower their environmental impact as well as improve the region's built environment."It's very exciting to be the first dealership to roll out this nationwide initiative," said Jessie Dosanjh, General Manager of Fremont Cadillac Buick GMC. "Deploying this beautiful and iconic renewable energy landmark reiterates that we understand the wants and needs of the people in the Bay Area and is another example of how we're fulfilling our commitment to the environment. We're proud to take on a leadership role in this movement and encourage other Cadillac dealerships in the country to do the same."Equipped with integrated electric vehicle charging stations, the Solar Tree® array can generate enough renewable energy to completely charge six electric vehicles each day. Envision Solar's proprietary tracking system, EnvisionTrak?, causes the array to follow the sun capturing more of its energy and increasing electrical output by nearly 25 percent over typical fixed solar installations. The Fremont Cadillac Buick GMC is located at 5939 Auto Mall Parkway, Fremont, Calif. 94538.About Envision Solar International, Inc.Envision Solar, www.envisionsolar.com , designs, manufactures and deploys unique, proprietary and architecturally accretive renewable energy systems with a Drag & Drop Infrastructure? product line. The company's flagship products include the patented Solar Tree® array and Solar Tree® Socket? solar shaded parking solutions with EnvisionTrak?, a proprietary and patent pending solar tracking machine, and SunCharge? Column Integrated Electric Vehicle Charging Stations. Based in San Diego the company integrates only the highest quality components into its Made in America products ensuring long and trouble free service and timeless beautification of the parking lots they serve. This unique approach to the industry allows the company's commercial and institutional customers to take full advantage of the value creation associated with transforming parking lots into beautiful, shaded, renewable energy generation plants shrouded in the "Green Halo." Envision Solar is listed on the OTC Bulletin Board under the symbol [EVSI]. For more information on Envision Solar, visit www.envisionsolar.com or call (866) 746-0514.This Press Release may contain forward-looking statements regarding future events or our expected future results that are subject to inherent risks and uncertainties. All statements in this Report other than statements of historical facts are forward looking statements. Forward looking statements are generally accompanied by terms or phrases such as "estimate," "project," "predict," "believe," "expect," "anticipate," "target," "plan," "intend," "seek," "goal," "will," "should," "may," or other words and similar expressions that convey the uncertainty of future events or results. Statements contemplating or making assumptions regarding actual or potential sales, market size and demand, prospective business contracts, customer orders, trends or operating results also constitute forward looking statements. Our actual results may differ substantially from those indicated in forward looking statements because our business is subject to significant economic, competitive, regulatory, business and industry risks which are difficult to predict and many of which are beyond our control. Our operating results, financial condition and business performance may be adversely affected by a general decline in the economy, unavailability of capital or financing for our prospective customers to purchase products and services from us, competition, changes in regulations, a decline in the demand for solar energy, a lack of profitability, a decline in our stock price, and other risks. We may not have adequate capital, financing or cash flow to sustain our business or implement our business plans. Current results and trends are not necessarily indicative of future results that we may achieve.Contact: Alyson Jamison Stalwart Communications (858) 740-7252 firstname.lastname@example.org SOURCE Envision Solar International, Inc.